? EUR/USD, GBP/USD Analysis & Setups 22 – 24 July’20 ?

Hi Traders,

the EUR/USD uptrend has reached the 1.15 target but the bullish momentum remains strong. An extension towards 1.16 is likely. The GBP/USD could build a flag pattern but an uptrend continuation has the best papers.

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The EUR/USD could expect a pullback but an uptrend continuation towards 1.1750 is around the corner.

The GBP/USD is in a wave 3. A mild pullback towards the 23.6% or 38.2% Fibonacci retracement levels could confirm the wave 4.

Check out the video below for the full analysis and trade plans on 22 – 24 July 2020:

• EUR/USD, GBP/USD technical analysis
• Review of patterns, trends, key S&R levels
• Explanation of potential trade ideas both up and down
• Beginner friendly, explaining concepts in more detail

EUR/USD, GBP/USD video:

Good trading,
Chris Svorcik